No Data
BINGO GROUP (08220.HK) intends to establish a joint venture with a subsidiary of Kingnet Network to promote the business of generative AI games.
On February 13, 2023, BINGO GROUP (08220.HK) announced that on February 13, 2025, its indirect wholly-owned subsidiary, Huichi (Shanghai) Investment Consulting Co., Ltd., entered into a non-binding memorandum of understanding with Hangzhou Kaixing Network Technology Co., Ltd. ("Kaixing Network, a subsidiary of Kingnet Network (002517.SZ)"). According to the memorandum, the group plans to cooperate with Kaixing Network to promote generative AI gaming business through a joint venture, which will be established in China, with the group holding a 15% stake and Kaixing Network holding an 85% stake.
Does Kingnet Network (SZSE:002517) Deserve A Spot On Your Watchlist?
Open Source Securities: "King of Glory World" has been approved for release, continue to pay attention to the launch of leading new products.
The stable issuance of game licenses and the increase in their quantity are expected to continually improve product supply, driving ongoing growth in the Industry.
Huajin Securities: The number of license approvals continues to break records, with quality content and multiple rounds of IP driving the prosperity of the gaming industry.
Huajin Securities released a Research Report stating that the number of licenses issued at the beginning of the year continues to break records, with a trend of multi-end licenses, and cross-end diversification helps to improve the game ecosystem.
The 4.5% Return This Week Takes Kingnet Network's (SZSE:002517) Shareholders Five-year Gains to 443%
GTJA: The Doubao real-time voice large model has been launched, benefiting from the implementation of AI hardware and software scenarios.
This model achieves the effects of understanding emotions, being connected, controlling tone and intonation, and interrupting at any time, which is beneficial for the application of AI in Hardware and Software, and can lower the usage threshold, improve efficiency, and enhance the experience.
Is It Time To Consider Buying Kingnet Network Co., Ltd. (SZSE:002517)?
